Question: Have you used a utility token today?
Before answering this question, check out the video below. The video has the great thinkers/interviewers John Furrier and Dave Vellante of the Cube in a discussion with the thought leading crypto investor (and friend) Bradley Rotter.
In the video, Bradley mentioned his views on tokens, including utility tokens. Bradley wonders in the video if the investors in utility tokens are going to see one day that these utility tokens might not have any utility. If so the cart is way in front of the horse. Bradley believes in utility tokens and sees their use, but hints that what we might be seeing now is more like a Cambrian Explosion.
Bradley does provide some interesting use cases for tokens, including some for big infrastructure projects.
One critically important capability that crypto can address is cybersecurity. There are many use cases here, with one of the most important being addressed by Rivetz, a company which can provide strong security to devices using the power of new blockchain/crypto approaches (Rivetz is providing decentralized, secure device identity for mobile, IoT and PCs).
For more context see this cube discussion:
And for more on Rivetz see Rivetz.com
Now back to the question: Have you used a utility token today? How about asking everyone you know. Let me know when you get an affirmative answer. I haven’t used one. I have lots sitting in a crypto wallet ready for me to use, and am am very excited about the potential for many I am reading about. But I have to admit I have not really used one, yet.
For more see:
Latest posts by Bob Gourley
- AI for Government Programs and the Federal Marketplace - September 19, 2018
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